Rawl sets $2,100 weekly close as Ethereum bottom trigger, eyes $2,400 then $2,800–$3,000

Ethereum hovers near $2,000 support. A weekly close above $2,100 would confirm a local bottom, per analyst Rawl on X and NewsBTC.

Price dipped below $2,400 but didn’t finish a weekly close there. Rawl calls it a possible takeout, and flags $2,100 as the level to reclaim on a weekly basis on X.

• Trigger weekly close above $2,100. Last week missed; this week is another chance Bitcoinist, Bitcoinist.
• First target $2,400 on the initial move on X.
• Next leg to $2,800–$3,000, roughly a 50% climb from current levels at the time of the post. “We will likely stay choppy here before properly breaking above 2,100 and heading toward 2,800–3,000” NewsBTC.

If the weekly close fails, bears retake control. A sustained drop below $2,000 becomes likely Bitcoinist.

Even if the rally completes, Rawl still sees room for a larger correction ahead. But he keeps a path open toward a new peak at $6,500–$8,000 later, per a prior post on X and NewsBTC.

Market context stays critical for Bitcoin-led risk. The confirmation key is the weekly close above $2,100 on X.